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Novosadov [1.4K]
3 years ago
8

Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $ 40

,830 Accounts payable 7,740 Cash 17,500 Common stock 43,000 Land 28,840 Long-term notes payable 24,500 Merchandise inventory 27,750 Retained earnings 39,680
Business
1 answer:
slega [8]3 years ago
5 0

Answer:

Explanation:

                                           Alpha Co.

                                         Balance Sheet

                                     At at Year 1

                                                                 <em>Amount in $</em>

Current Assets

Accounts Receivable                               40,830

Cash                                                          17,500

Inventory                                                   27,750

Total Current Assets                                86,080

Non-Current Assets

Land                                                          28,840

Total Assets                                             <em><u>114,920</u></em>

Current Liabilities

Accounts Payable                                    7,740

Long Term Liabilities

Long Term Note payable                       24,500

Stockholders' Equity

Common Stocks                                     43,000

Retained Earnings                                  39,680

Total liabilities & Stockholders' Equity

( 7,740+24,500+43,000+39,680)         <em><u>114,920</u></em>                                                            

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Answer:

My dream business is organic poultry farming.

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I will buy a small van that will be helpful in managing the delivery of food requirement and egg supply to my customers. To lower the cost of organic feed I will grow many types of plants, herbs, grass, etc in the 8 kanal area that will meet the protien requirements of the chickens. I will also water the land daily so that the waste of the chickens are accessed very quickly to plants.

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If you find the answer very helpful then don't forget to rate it. Thanks

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2 years ago
Beatrice Markets is expecting a period of intense growth and has decided to retain more of its earnings to help finance that gro
VLD [36.1K]

Answer: $16.69

Explanation:

Using the Dividend growth model, the value is:

= [Dividend 1/ (1 + required return)] + [Dividend 2/ (1 + required return)²] + [Terminal value / (1 + required return)²]

Terminal value = Dividend after 2 years / (required return - growth)

= 2.50/ (14.5% + 0%)

= $17.24

Dividend 1 = 3.60 * ( 1 -30%)                                Dividend 2 = 2.52 * ( 1 -30%)

= $2.52                                                                                     = $1.76

Market value = (2.52 / 1.145) + (1.76 / 1.145²) + (17.24/1.145²)

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